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will nominate white house chief of staff jack lew this week as geithner as success up i did today i spoke to chief economist at sachs a bank steve jacobson about the transition of power. first of all guy is only one of several players in the coming to go and has been pretty much in the background also through the fiscal cliff but on the other hand of course he's a seasoned veteran negotiator having been fed a reserve man in new york before he joined the treasury a stresser secretary so clearly he and the financial market is extended and someone i think wall street saw to as being a pair of steady hands on the other hand as as you just indicated the fact that the white house is non trying to replace the chief of staff in that position also tells you that obama wants someone you trust someone he sees on a daily basis someone who will reflect his stand so i will say that not that fact that guy in the least but the fact that that the chief of staff is potentially going into this position put probably worse than somewhat the starting point from the go she's both on the debt ceiling but a
will nominate white house chief of staff jack lew this week as geithner as success up i did today i spoke to chief economist at sachs a bank steve jacobson about the transition of power. first of all guy is only one of several players in the coming to go and has been pretty much in the background also through the fiscal cliff but on the other hand of course he's a seasoned veteran negotiator having been fed a reserve man in new york before he joined the treasury a stresser secretary so clearly...
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captioning sponsored by macneil/lehrer productions >> brown: president obama today named white house chief of staff jack lew as his next secretary of the treasury. good evening, i'm jeffrey brown. >> woodruff: and i'm judy woodruff. on the "newshour" tonight, we have more on the man and the economic agenda he has been tapped to spearhead for the next four years. >> brown: then, ray suarez gets an update on a series of bombings that killed more than 100 people in two pakistani cities today. >> woodruff: margaret warner looks into new federal guidelines for mortgage lending aimed at protecting both consumers and lenders. >> brown: we look at the tense political situation in venezuela, after the national assembly delayed the inauguration of cancer-stricken president hugo chavez. >> this is essentially a power play. behind that secrecy there is nothing but an attempt to ensure the continuity of the regime regardless of president chavez's presence. >> woodruff: and with five oscar nominations, we examine the controversy surrounding one of the most talked about new films yet to see a natio
captioning sponsored by macneil/lehrer productions >> brown: president obama today named white house chief of staff jack lew as his next secretary of the treasury. good evening, i'm jeffrey brown. >> woodruff: and i'm judy woodruff. on the "newshour" tonight, we have more on the man and the economic agenda he has been tapped to spearhead for the next four years. >> brown: then, ray suarez gets an update on a series of bombings that killed more than 100 people in two...
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here at the obama white house for all these major budget fights he has been at the president's side. >> over the past year i've sought jack's advice on virtually every decision that i have made from economic policy to foreign policy. now one reason jack has been so effective in this town because he is a low-key guy who prefers to surround himself with policy experts rather than television cameras. and over the years he has built a reputation as a master of policy who can work with members of the both parties and forge principled compromises. >> republicans have another take on that reputation. this from senator orrin hatch of utah saying since mr. lou participated in numerous budget negotiations with congress and with four consecutive years of over a trillion dollar deficits, the american people deserve to know, not only that this nominee is qualified for the job, but also what policies the white house supports, to get federal spending under control. senator mike lee, another republican adding the nomination virtually guaranties the president will not compromise on entitlement reform
here at the obama white house for all these major budget fights he has been at the president's side. >> over the past year i've sought jack's advice on virtually every decision that i have made from economic policy to foreign policy. now one reason jack has been so effective in this town because he is a low-key guy who prefers to surround himself with policy experts rather than television cameras. and over the years he has built a reputation as a master of policy who can work with members...
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, before becoming white house chief of staff. today, in the east room of the white house, the nominee voiced his gratitude. >> thank you mr. president for your trust confidence and friendship. serving in your administration has allowed me to live out those values my parents ensiled in me and i look forward to continuing with the challenges ahead. >> brown: lew, and other top administration officials, face the immediate task of negotiating with republicans on raising the national debt ceiling, and agreeing on major spending cuts. some republicans have complained that lew has been unyielding in past negotiations. but the president said today: >> over the years he's built a reputation as a master of policy who can work with members of both parties and forge principled compromises. >> brown: the announcement came a day after labor secretary hilda solis announced she's stepping down after four years on the job. solis was the first hispanic woman to serve in a top cabinet position. and, she's the latest of several high-profile women to
, before becoming white house chief of staff. today, in the east room of the white house, the nominee voiced his gratitude. >> thank you mr. president for your trust confidence and friendship. serving in your administration has allowed me to live out those values my parents ensiled in me and i look forward to continuing with the challenges ahead. >> brown: lew, and other top administration officials, face the immediate task of negotiating with republicans on raising the national...
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today, president obama nominated jack lew to be his next treasury secretary. the third white male in a row selected by the president for position in his cabinet. where are the women? and the minoritys? in the cabinet of our liberal president? here is a congressman charles rangel thinks about that situation. >> it's embarrassing as hell. it could be the harvard people where people just know each other, trust each other and women and minorities don't get a chance to rub elbows. he had four years to work the bench. >> kimberly: "new york times" ran this photo showing the president with a group of all white men advising him in the oval office. the white house quickly snatched it and relesioned this 4info instead that has a much more diverse crowd of advisors. i'm with him on this. where are the women? where are the minoritys? they make every place better, right? >> bob: i'm a minority every day. >> kimberly: do you need a hug? >> eric: we have three smart women. greg got a flu shot. he has the flu. >> dana: but he has had it for three weeks. >> kimberly: another f
today, president obama nominated jack lew to be his next treasury secretary. the third white male in a row selected by the president for position in his cabinet. where are the women? and the minoritys? in the cabinet of our liberal president? here is a congressman charles rangel thinks about that situation. >> it's embarrassing as hell. it could be the harvard people where people just know each other, trust each other and women and minorities don't get a chance to rub elbows. he had four...
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barack obama announced he is nominating the white house chief of staff as america opposing new treasury secretary. saying he has his complete trust. he will replace timothy geithner that does not wish to serve a second term. the vice president continued his meetings on how to curb gun violence in america. he wants to give his proposals to president obama by tuesday of next week. he said why it is important act now. >> nothing that has gotten to the heart of the matter more than the visual image of six year-old kids riddle. not shot with a stray bullet, but rattled. >> of the comments came on the same day that a student was shot and wounded at a california high school where another was taken into custody. for more, the vice president was meeting in the white house as we were getting news that there was yet another school shooting, and there is a real sense of urgency that is still there. >> we saw president obama after the shooting a visibly upset saying he would use the power of his office to act on gun- control and do it quickly. he asked joe biden to convene with a sense of urgency. t
barack obama announced he is nominating the white house chief of staff as america opposing new treasury secretary. saying he has his complete trust. he will replace timothy geithner that does not wish to serve a second term. the vice president continued his meetings on how to curb gun violence in america. he wants to give his proposals to president obama by tuesday of next week. he said why it is important act now. >> nothing that has gotten to the heart of the matter more than the visual...
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jack lew, the budget chief in the clinton administration, in the obama administration in the white house is basically saying that's why they chose him, the mastery of the federal budget. >> jack knows that every number on a page, every dollar we budget, every decision we make has to be an expression of who we wish to be as a nation. our values. the values that say everybody gets a fair shot at opportunity. and says that we expect all of us to pull fill our or individual obligations. >> reporter: republicans say that the lack of willingnesses to address entitlement spending and saying signals that the president -- this is senator mike lee -- will continue to pursue the same failed policies of the previous four years, higher taxes, more spending and more debt. it virtually guarantees the president will not compromise on entitlement reform. also hearing similar sentimentses from other republican senators and also from the left. senator bernie sanders is an independent from vermont, though he caucuses with the republicans, saying we need a treasury secretary to stand up to corporate america,
jack lew, the budget chief in the clinton administration, in the obama administration in the white house is basically saying that's why they chose him, the mastery of the federal budget. >> jack knows that every number on a page, every dollar we budget, every decision we make has to be an expression of who we wish to be as a nation. our values. the values that say everybody gets a fair shot at opportunity. and says that we expect all of us to pull fill our or individual obligations....
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as we continue on power lunch we are waiting for president obama to set to name the white house chief of staff jack lew as new treasury chief. but there are a number of people, including some on the floor, who are afraid of mr. lew, heading up treasury. we will talk about that when we come back as you look at this live picture from the white house. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in
as we continue on power lunch we are waiting for president obama to set to name the white house chief of staff jack lew as new treasury chief. but there are a number of people, including some on the floor, who are afraid of mr. lew, heading up treasury. we will talk about that when we come back as you look at this live picture from the white house. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with...
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at the white house tomorrow. president karzai will also the speaking with georgetown university tomorrow on relations between his country and the u.s. we'll have live coverage on c- span. coming up at 6:30, a panel examined student loan debt and how it is impacting families. according to a recent report, parents are being saddled with student loans they cannot afford to repay. then jonah eyes as we take calls from students, parents, and educators about student loan debt and college costs. we will be joined by an education reporter for prop ublica. tonight at 8:00 eastern on c- span. earlier today, the head of the justice department post of national security division spoke about some of the challenges in national security law. she spoke about the formation of her division and rise in cyber security threats. [applause] >> thank you very much for that generous introduction. i am going to have to focus on the chinese proverb. it is not one that i had seen before. but morning, everyone and thank you for coming out thi
at the white house tomorrow. president karzai will also the speaking with georgetown university tomorrow on relations between his country and the u.s. we'll have live coverage on c- span. coming up at 6:30, a panel examined student loan debt and how it is impacting families. according to a recent report, parents are being saddled with student loans they cannot afford to repay. then jonah eyes as we take calls from students, parents, and educators about student loan debt and college costs. we...
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rich live at the white house. dagen: president obama will nominate his chief of staff jack lew as the next treasury secretary a little more than two hours from now. connell: joining us now is from the "wall street journal." >> he will be directing economic policy for the president and he's a long-time washington insider. he worked for tip o'neil. he worked for bill clinton. he's worked on the budget for president obama. [talking over each other] >> there is a revolving door there. he did go in 09 and he came out with a lot of money despite the fact that citi bank was limping along and had to be helped out by the government. dagen: when he worked just as one example in the clinton administration he was considered reasonable but not now. why? >> i think the big part of it is how he performed when he worked for president obama in the first term. but it's also i think most people expect him to be very much like an alter ego of the president. he subscribes to the ideas that the president has, that the big problem in th
rich live at the white house. dagen: president obama will nominate his chief of staff jack lew as the next treasury secretary a little more than two hours from now. connell: joining us now is from the "wall street journal." >> he will be directing economic policy for the president and he's a long-time washington insider. he worked for tip o'neil. he worked for bill clinton. he's worked on the budget for president obama. [talking over each other] >> there is a revolving...
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and mealed ya reports are saying it's white house chief of staff jack lew. he would replace treasury secretary tim geithner. that announcement is set for 1:30 eastern today. c-span will have live coverage. all this week at 6 eastern here on c-span2 we're featuring past q&a programsment today it's supreme court justice antonin scalia on his book, "making your case: the art of persuading judges." it gives advice to lawyers. and then at 7 eastern, it's another q&a program, a conversation with neil barofsky. he's written a book called "bailout: an inside account of how washington abandoned main street while rescuing wall street." >> back in the heyday of the private student lending market, um, you saw a lot of families who weren't necessarily going to for-profit colleges. you know, their student was going to, say, a music school. i wrote an article about a gardener who sent his son to college, you know, the first in the family to go to college. he made about -- the dad made about $21,000 a year. that was family income. and he was able to borrow six figures from
and mealed ya reports are saying it's white house chief of staff jack lew. he would replace treasury secretary tim geithner. that announcement is set for 1:30 eastern today. c-span will have live coverage. all this week at 6 eastern here on c-span2 we're featuring past q&a programsment today it's supreme court justice antonin scalia on his book, "making your case: the art of persuading judges." it gives advice to lawyers. and then at 7 eastern, it's another q&a program, a...
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i highly recommend it, and it's very funny. >> president barack obama has nominated white house chief of staff jack lew to be treasury secretary to it he would be taking over for timothy geithner. the top republican on the senate budget committee, jeff sessions, says jack lew must never be secretary of the treasury. he says president obama needs to appoint people to his cabinet who will have the trust of both parties. but the nomination will go through the senate financial services committee. chairman, democrat max baucus says, quote, jack lew has the most experience and i look forward to a speedy but for a nomination process. no word yet on when the nomination will take place. >> back in the hay day of the private student lending market, puget you saw a lot of families who were not necessarily going to the for-profit colleges. their student was going to say music school. i wrote an article about a gardener who sent his son to college, the first in the family to go to college. the dad made about $21,000 a year, that's family income, and he was able to borrow six figures from a private
i highly recommend it, and it's very funny. >> president barack obama has nominated white house chief of staff jack lew to be treasury secretary to it he would be taking over for timothy geithner. the top republican on the senate budget committee, jeff sessions, says jack lew must never be secretary of the treasury. he says president obama needs to appoint people to his cabinet who will have the trust of both parties. but the nomination will go through the senate financial services...
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. >>> well, today president obama is set to nominate white house chief of staff jack lew as his next treasury secretary. succeeding tim geithner. lew has been budget director in both the obama and clinton administrations. he will pray a major role of course in negotiations over the debt ceiling and potential spending cuts. the president will make his announcement at 1:30 eastern. it's an event in the east room at the white house. i have to say off the bat just because he's a forest hills guy like me that i, you know, may be a little affinity, we grew up in the same town. >> that alone could be good. >> different generation. >> maybe a technocrat is what's necessary. no one tells me this guy is acrimonious. the talks may have been. but when we're trying to figure out what to cut, maybe you just need a guy who knows his way around the budget as opposed to a federal reserve guy. i thought tim geithner did a great job, though, and i know i find myself in the minority on that, but he came to the rescue of the system in apparel husband time and i think he good a remarkable job. >> jack lew
. >>> well, today president obama is set to nominate white house chief of staff jack lew as his next treasury secretary. succeeding tim geithner. lew has been budget director in both the obama and clinton administrations. he will pray a major role of course in negotiations over the debt ceiling and potential spending cuts. the president will make his announcement at 1:30 eastern. it's an event in the east room at the white house. i have to say off the bat just because he's a forest...
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president will be making that announcement at 1:30 eastern time in an event in the east room of the white house. john harwood joins us now with more on that. john. >> andrew, president obama is going inside his inner circle to fill a key job as jack lew is somebody who served as chief of staff. he was budget director before that. he served in hillary clinton's state department. he does not have a deep background and ties to wall street and business. he's a creature of congress, made his name in washington working for tip o'neal, the house speaker. very hard working, very key, very bright. republicans found him a difficult negotiators in some of the budget talks over the last couple of years, but i would expect, andrew, that he's going to be confirmed pretty handily even though he'll have difficult questions in his confirmation hearing. >> john, how disappointed -- and perhaps now, but it appears that the business community seems disappointed, if you read "the wall street journal" editorial page today. there's a sense of disappointment that the president didn't pick somebody from the busin
president will be making that announcement at 1:30 eastern time in an event in the east room of the white house. john harwood joins us now with more on that. john. >> andrew, president obama is going inside his inner circle to fill a key job as jack lew is somebody who served as chief of staff. he was budget director before that. he served in hillary clinton's state department. he does not have a deep background and ties to wall street and business. he's a creature of congress, made his...